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RANSBIZ is technology blog in Cameroon for tutorials topics on; making money online, Affiliate Marketing, SEO, Technology News, blogging , Free internet tips, Social media ,Bulk Sms marketing, earning with Google AdSense, how to shop online in Cameroon, Mobile phones and entrepreneurship .
RANSBIZ is created in an effort to promote the use of technology in Cameroon especially by the youths.

So far MTN Cameroon’s
Mobile Money service and Orange Money services are the major services that
every Cameroonian is talking about. Just
to remind you that these companies are the top telecom companies in Cameroon.

The services offered by these companies had become a
threat to local money transfer companies including Express Union that has dominated
money transfer in Cameroon for more than 10 years with little competition.

Hey! Do you still remember the TV Ad in which
express union emerge victorious in a match/race?

Something else is happening now!.

Majority of Cameroonians are using today prefer to
use the mobile banking services of MTN and Orange to transfer money. There are several reasons which I have out
line in one of my post.

Read this Post: Why People prefer to transfer money
using Orange Money and MTN Mobile Money in
Cameroon

One question still remain unanswered is;

What
is the Best Mobile money Service in Cameroon?

In this post we will discover who is really the king
in Mobile Banking in Cameroon AKA Mobile Money.

MTN Mobile Money(Momo)

Orange Money (OM)

1.Pin Code Length

5

4

2.Access Code

*126#

#150#

4. Service unavailable

I have noticed this more than 10 times

Never notice

5.International Money transfer( From Cameroon)

Available to countries like Nigeria,
Ghana, and others

Not Avilable for now

International Transfer (To Cameroon)

Momo users can receive money
through world remit from USA, Belgium, UK and more.

Not Available as of now

6. Time
saving option

*users can confirm withdrawal
without dialing any code(Pop up message)

* Confirm by dialing 126#

*Users can confirm withdrawal
by dialing a single USSD

#150*PINCODE#

*Users can confirm from the
main menu by dialing #150#

7. Transfer
to non-subscribers

Can send money to anyone with a
mobile phone and mobile number from any network in Cameroon and other Africa
countries

Can send money to anyone with a
mobile phone and mobile number from any network in Cameroon

8. Service
online

*MoMo is available online on
the web .

* It is also available online
through MTN Mobile android App.

* Service can be accessed Online through the Orange
Money Android App

9. API

*Mobile money API is available
and can be used by developers and
online marketers to sell on their websites.

*Further Market has made use of
this API to provide easy integration as used by BetMoMo

*Orange money API is available.

*Jumia deals is one of the
companies that has successfully integrated this API.

10. VISA Card

Available

Available(OM VISA card)

*can be activated and
deactivated on the main menu.

11. Bank to Mobile

For the moment you can transfer
money from your Afriland bank account to Momo and vice versa.

OM users can transfer money to
and from the following banks:

*Bicec

*Afriland

*Ecobank

12. Coupons

Mobile money users :

*can acquire coupons

*Pay with MoMo coupons

*Check coupon balance

Not available for now.

13. Main Menu Options Available

For the moment 7

7 Options are available now.

Support

Call: 7126 (pass word
required).

Call: 8787

Facebook

Twitter

Google Plus

Call : 950

Facebook

Twitter

14. Pin code Reset

yes

yes

15. Reversing a transaction

*Not possible when money is
sent to a subscriber.

*Possible when money is sent to
a non-subscriber.

* Reverse with the help of an
agent.

*Reversed when money is sent to
a wrong/invalid number.

*A transaction cannot be reversed
when money is sent from one OM account to another.

*It is Possible to reverse a transaction
to non-OM subscriber

*Reversed automatically if the
user have not withdrawn the cash within 1-2 weeks *possible when money is sent to the wrong/invalid
number

16. Account to Account fees

MTN charges clients when the send money from one account to another

Sending money from one account to another is free(0 XAF) with Orange money

I have not included the tariffs on the list: Read the of the following post if you want more information on the cost of sending and receiving money with you Mobile money Accounts (Orange and MTN Mobile Money.

We hope our table has helped you to discover some excellent features of the mobile banking services of MTN Cameroon and Orange Cameroon.

I love both services as I used them to pay bills, make online payment, receive international transactions among others. Just Observe the table above.

MTN Mobile money has more subscribers than Orange
and thus a recommended service to get started with if you want to use just one.
To make full use of the mobile banking services used in Cameroon, creating a
both Orange money and MTN mobile money accounts is very important.

In
your opinion who should be given the mobile banking crown in Cameroon?

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We are a start up in Cameroon with mission to bring the Cameroonian business and individual online. You can find topics about business in cameroon,social media,online entreprneurship,tutorials and latest news on technology. Anyone belonging to the online community can benefit from our services or contribute to the growth of our start up. We offer a wide range of digital services to individuals and companies You can click the image to read more about us